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Global X Defence Tech Index ETF
SHLD (Global X Defence Tech Index ETF) is an index Canadian Technology Equity ETF by Global X. With a 0.49% MER, it provides diversified exposure. Annual distribution with a 0.17% yield.
SHLD by Global X is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.49% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.